Pebblebrook Hotel Trust (NYSE:PEB) (the “Company”) today announced that
it has acquired the Revere Hotel Boston Common (“Revere Hotel”), an
attached 826-space parking garage and an adjacent land parcel for $260.4
million.

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that
it will report financial results for the fourth quarter and full year
2014 on Tuesday, February 17, 2015, after the market closes.

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that
its Board of Trustees has authorized, and the Company has declared, a
quarterly cash dividend of $0.23 per common share of beneficial
interest, to be paid on January 15, 2015 to shareholders of record as of
December 31, 2014 (the “Record Date”). The common dividend represents an
annualized yield of approximately 2.1% based on the closing price of the
common shares on December 12, 2014.

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today provided its
Outlook for 2015 (the “Outlook”). The Outlook, which assumes no
additional acquisitions, incorporates the impact of the Company’s
various capital investment projects and assumes continued improvement in
economic activity, positive business travel trends and other significant
assumptions, is as follows:
“We believe 2015 will be another terrific year for the overall hotel
industry and Pebblebrook as the U.S. economic recovery continues to
strengthen and broaden,” noted Jon Bortz, Chairman, President and Chief
Executive Officer of Pebblebrook Hotel Trust.

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today reported
results for the fourth quarter and year ended December 31, 2014 and
announced it expects to increase its quarterly dividend on its common
shares 34.8 percent over the Company’s current quarterly common
dividend.

PECO is celebrating African American History Month with support of many
local arts, educational and diversity events in February that
commemorate those who have shaped the past and those who are continuing
to make history.

Peer
1 Hosting , the global Web infrastructure and cloud hosting provider,
is finishing 2014 with accolades from two leading awards programs, the Glassdoor
Employees’ Choice Awards and the Best
in Biz Awards .

Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor LLP are investigating potential claims against the Board of
Directors of Peerless Systems Corporation (“Peerless”) (NASDAQ: PRLS)
concerning the sale to Mobius Acquisition, LLC.

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